Snapshot observed 2026-10-31T03:00:05.892Z. This analysis describes that snapshot and is not a live news update.

What the contract measures

The saved Kalshi event covers the Jilin Northeast Tigers vs Shanghai Sharks men's professional China CBA basketball game. Each team has its own binary market. The Shanghai Sharks market resolves Yes if the Sharks win, and the Jilin Northeast Tigers market resolves Yes if the Tigers win [1]. The rules tie the game to its originally scheduled start of Nov 3, 2026 at 6:35 AM EST. If the game is postponed but starts within 48 hours of that original start, the market stays open and resolves on the official final result. If it is cancelled or does not start within 48 hours, all markets resolve to a fair price [1].

The rules also say the market "will close and expire after a winner is declared" [1]. The saved market data lists an end date of 2026-11-05T11:35:00.000Z for both markets, but the provider's event record states that its listed end time was not supplied [1]. A date in the data is therefore not the same as a confirmed closing or settlement event.

Reading the snapshot

The prices come from a snapshot observed at 2026-10-31T03:00:05.892Z and retrieved at 2026-10-31T05:32:37.640Z [1]. They describe that observation only. They are not current quotes, executable prices, or verified probabilities.

In the saved snapshot, both markets show a Yes price of 0.51 and a No price of 0.49 [1]. Within each market, the two outcomes sum to 1.00. Across the two markets, the Yes prices sum to 1.02. That gap is a feature of this snapshot, not evidence of an arbitrage opportunity, because bid-ask spreads, fees, and timing are not part of the record.

The sample covers all two markets saved for this provider event, and the record marks it as not partial [1]. The sample warning adds that this does not establish that the provider lists every possible outcome. Here, the two team-win contracts are the only saved markets for this game.

The record does not explain why prices are where they are, and it provides no information on trading volume or the number of participants.

What remains uncertain

The snapshot does not show the price at the time you read this. The provider status is recorded as active, but the record does not show whether the game has been postponed, cancelled, or completed. The official final result is not in the supplied evidence, so the outcome is unknown. Comparing this contract with a market on another platform would require matching the rules, the start time, and the closing terms first.

References

1. Kalshi: Jilin Northeast Tigers vs Shanghai Sharks. Provider data observed 2026-10-31T03:00:05.892Z.